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rs7gram
Dec 18, 2017 4:24 AM

GBPJPY bearish trendline break Long

British Pound/Japanese YenFXCM

Description

Bearish trendline confirmed break, pullback already took place. No major news ahead. Multi-step trade setup with various TP levels turning into profit SL. Tight initial SL in a fib cluster.

Trade closed manually

SL was supposed to be 13 pips instead of 11.8, which it was in my books. Went until 151.030, where the RSI hit above 85. Took profit of 74 pips.
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